The forecast for the import of green tea in packages over 3 kg to the US continues its upward trend from 2023, which saw a base actual value. The increase from 2023 through 2028 forecasts a consistent annual growth in value. Year-on-year variations show small, consistent percentage increases, reflecting a steady demand. The compound annual growth rate (CAGR) over the five years solidifies this as a reliable upward trend.
Future trends to watch for include:
- Emerging consumer preferences towards organic and specialty green tea variants, potentially driving imports.
- Trade policy changes that could impact import tariffs and affect cost structures and import volumes.
- Economic factors influencing consumer purchasing power and their willingness to spend on premium tea products.
